Orca protocol issued 100 million ORCA coins as native tokens for its decentralized exchange (DEX). ORCA coins can be used to pay transaction fees, participate in governance and receive pledge rewards.
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ORCA coins issuance volume
The total issuance volume of ORCA coins is
100,000,000 .
Detailed introduction
ORCA Coin is a native token of the Orca protocol, a decentralized exchange (DEX) built on the Solana blockchain. ORCA coins have the following purposes:
- Transaction Fees: Used as payment of transaction fees on Orca DEX.
- Governance: ORCA currency holders can participate in the governance of the Orca Agreement and vote on proposals.
- Staking Rewards: Users can pledge ORCA coins into the Orca Agreement to earn rewards.
The distribution of ORCA coins is as follows:
- Community liquidity: 40%
Investors: - 20%
Team and Consultants: - 20%
Ecosystem Development: - 10% Reserve:
10%-
The allocation of ORCA coins is designed to promote community participation, reward early supporters, and support the development of the ecosystem.
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